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Daily Headlines
Norfolk Southern commences exchange offer
(Norfolk Southern issued the following news release on August 17.) NORFOLK, VA. - Norfolk Southern Corporation ("Norfolk Southern") announced today that it is has commenced an offer to exchange new unsecured Norfolk Southern debt securities for a portion of its 7.35%...
Transit officials brace for ‘crush hour’ in Hoboken
(The following article by Ken Thorbourne was posted on the Jersey Journal website on August 17.) JERSEY CITY, N.J. -- Aside from Madison Square Garden, the busiest piece of real estate in the metropolitan area during the week of the Republican Convention just might be...
Short-line rail company finds success in southern W.Va.
(The Associated Press distributed the following article on August 16.) MOUNT HOPE, W.Va. -- For years, a stretch of rail track between Mount Hope and Thurmond was silent, serving only as a shortcut to local fishing holes or as bleachers for parents watching their...
RailAmerica to buy Columbus-Cincy track
(The Columbus Business Journal posted the following article on its website on August 16.) COLUMBUS, Ohio -- RailAmerica Inc. of Boca Raton, Fla., has agreed to buy a portion of track between Columbus and Cincinnati from CSX Corp. The two rail freight companies did not...
RailAmerica’s Indiana & Ohio Central Railroad to purchase Cincinnati to Columbus line from CSX Transportation Inc.
(RailAmerica issued the following news release on August 13.) BOCA RATON, Fla. -- RailAmerica, Inc. announced that its subsidiary, Indiana & Ohio Central Railroad (IOCR), notified the Surface Transportation Board (STB) of its intent to purchase 107 miles of railroad...
KC Southern expands its rail holdings
(The following article by Randolph Heaster was posted on the Kansas City Star website on August 17.) KANSAS CITY, Mo. -- Kansas City Southern will pay $32.7 million to buy control of a short-line railroad that connects Kansas City Southern's operations to the biggest...
Opinion: Bill is threat to mass transit
(The following editorial was posted on the South Florida Sun-Sentinel website on August 17.) FORT LAUDERDALE -- While Congress dithers, the prospect of reduced travel options looms large for Americans. They mustn't let that happen. Congress should pass and fully fund...
Deadlines urged for terror fixes
(The following article by Sara Kehaulani Goo was posted on the Washington Post website on August 17.) WASHINGTON -- Members of the Sept. 11 commission urged Congress yesterday to impose strict deadlines on the Department of Homeland Security to close loopholes in the...
Homeland security to extend transport security
(The Washington Times posted the following article by Tom Ramstack on its website on August 17.) WASHINGTON -- The federal government is developing a priority list that would guide its transportation-security efforts instead of focusing on aviation, Department of...
Tamaroa derailment lawsuit back on schedule
(The following article by Christi Mathis was posted on the Southern Illinoisian website on August 16.) TAMAROA, Ill. -- The lawsuit filed by hundreds of Tamaroa area residents against the Canadian National Railway/Illinois Central Railroad is back on schedule. The 5th...
